presidentobamalayout what certainly can be called the most aggressive and sweeping gun control measures in many decades. n this country. nearly two dozen in all. a combination of executive orders and proposals which will have to go through congress. those include universal background checks and also a renewed ban on military style assault weapons. including a limit on high capacity magazines. the president knows it will not be easy to do this task, saying, it will be difficult. this will be difficult. yet they are common sense proposals, in his words. eamon javers is live at the white house. he's been listening in. eamon, the president knows it's not going to be easy. what are the chances any of these proposals get through congress? >> reporter: well, scott, these were solemn and somber remarks from the president here as you saw, surrounded by some of the families of those affected by gun violence. but also as you say, leaven with a doze of political reality here. a lot of those here in washington think a renewal of the assault weapons ban is dead on arrival in the house of rep

countryaremoving nonessential employees from algeria. once again, in the last hour the white house strongly condemning the attack on the plant and the white house spokesperson saying president obama is being briefed regularly on the situation. they would not provide any clarity about whether or not there are u.s. drones over algeria at this point. to give you the background, a group connected to al qaeda has claimed responsibility for this attack. they said it is in retaliation for fran's moving into mali. they tried to put a stop to islamic militants trying to take over that country. >> michelle, the earlier reports i saw in the associated press, news source, there were multiple fatalities, maybe as many as 35 among the whose stages. that is now an unreliable report, right? >> absolutely. at this point no one at any senior level in any senior government can confirm those numbers for us at this point or those reports. >> michelle, thank you very much. >>> onto the debt ceiling. the deadline approaching so it washington on the verge of killing an economy that many people think is ac

hostages from that besieged bp plant inthatcountry. wewill have the latest details on the terror attack and response. whole foods ceo john mackey one of the most interesting people in american business ness the studio, dead set against obama care but that isn't the only thing that is controversial about him. he is always thought provoking. have you ever wanted to own the batmobile? actually no. but maybe you have. your 15-year-old self must be dying to know how. we'll tell you. back to you scott and the halftime crew. >> thanks so much. see you at the top of the hour. how low will the yen go? japanese stocks ripping again today. the yen continues to plunge against the dollar. should you bet against this trend? let's bring in kathy. this trade is not over. >> i don't think so. i think you are standing in front of the dollar/yen move and trying to short it is like trying to stand in front of a run away train. it is headed higher ahead of the boj meeting next week. >> early in the week, yeah? >> yes. it is going to be on tuesday in japan so i think that today we've seen a little yen

seeking to help the long-term unemployed acrossthecountry. well,that's our edition of 60 minutes on cnbc. i'm bob simon. thank you for joining us. [ticking] joining us. >>> this is cnbc's special coverage of the second inauguration of barack obama. from the death threat to the nation's economic recovery, the issues that matter most to your money. here now tyler mathisen and john harbaugh. >> good morning, everybody, and welcome to cnbc's coverage of the second inauguration of barack obama. the 57th inaugural of an american president. between a half a million and 800,000 people are estimated to attend today's festivities. most of them not very close to the capitol where the swearing in will take place. that's roughly a third of the number who attended president obama's first inauguration four years ago. once again welcome, everybody. i'm tyler mathisen joined by cnbc's chief washington correspondent john harwood. great to be with you on this day of history. >> welcome to d.c. >> good to see you. the oath of office will take place in about 50 minutes, but today, of course, is all a

different solution, both short term and long term. frankly,presidentobamaneedsto start rolling up his sleeves and focusing on both instead of sitting over in the white house and kind of throwing out all the threats to everybody across the country and running around campaigning as if he's still running for office. you know, the election is over. president obama actually has to start governing and addressing the problems and frankly the spending problem is one of the biggest reasons right now why we're in this dilemma. >> you're still going full bore on the spending sequester? full bore, spending sequester? >> we need to address the spending problem in washington from many different fronts. that's one of those fronts. there are a lot of others. and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to ta

house is readying 19 recommendations forpresidentobamaongun control. this comes as new york is said to pass one of the most restricted gun laws in the country. the measure, which passed the state senate monday called for tougher inventives for gun crimes and bans internet sales of weapons. >>> lance armstrong is set to come clean on oprah. last year he was accused of master mining a long running doping program. that interview is going to be -- >> one to watch. we've seen other news agencies in the u.s. wish that they had gotten it. but you know what bothers me in all this? what's the lesson? there might be a lance armstrong biopick? it's hardly punishment for someone who is potentially fueled by all that attention. >> it will be interesting to see what happens with the foundation. that would be the key and he's plead, i'm sure. >> he can use the foundation as a wie of arguing his case, bolstering, look at all the good i've done despite this. >> yeah. >> more lance later in the week. these are your headlines. pressure growing on lawmakers to raise the debt ceiling as fitch warnings a

, there was tremendous partisanship inthiscountry. atumultuous time. the level of bipartisanship. there's such hatred that you can't get in a room. it never seems like obama gets in the room. biden got in the room beforehand. but look, everybody hates each other down there. it's exactly the opposite of what you would expect from a respected nation. it makes us look mickey mouse. i don't blame fitch. look, we have to pay bills, the constitution says it, but everybody doesn't seem to care much about the constitution right now. >> i thought yesterday at the president's news conference, i thought the partisanship was at an all-time high in regards to the fiscal cliff debate. they, referring to republicans in congress, they can either acts responsibly and pay america's bills or act irresponsibly and put america through another economic crisis. it feels a little bit worse, markets sort of shrugged that off. that was good news in all this. but it seems like the dividing line is real firm and real deep between republicans and democrats at this point. >> i wonder whether we know anything.

.,presidentobamaissaid to be forging ahead on a wide ranging plan to overhaul the immigration plan this year. this includes a path to citizenship for illegal immigrants already in the country. immigrants would have to pay fines and back taxes. it would require businesses to veri verify employees in the country legally. the president will lay out his annual state of the u.n. address set for february 12th. >> let's take a look at the markets this morning. at this point, the futures outlook is mixed. dow and s&p 500 futures are both indicated higher. fass dak futures are indicated slightly down, down by just over 7 points and i wonder if part of that is because of what is happening with apple. that sdun does the make up a big part of the post shares percentage. if you take a look at europe this morning, you'll see that it was at this point the averages there above fair value are trading higher in the early trade there. in france, cac is up by .4%. germany the dax is up by .6%. the ftse is lightly higher bay few points in london. in asia overnight, you'll see that the hang seng endeded

listening to your concerns, ceos ofthecountry-->> but never meant it. he never really meantit.obama. i'mdirectly going at the president -- >> he doesn't have an interest in deregulation. he snipped a couple of regulations and then added hurnds, literally hundreds of economically significant regulations during his term, and that's just only going to increase going forward. there is no strategy going forward to any kind of corporate tax reform. he talks about it but it's not going anywhere. there's no -- >> how can you -- what's your defense on this? >> i'm at a loss for words. >> yes. i would imagine so. >> i don't know, about the jobs council i don't think it's a huge deal that it hasn't met because they've already made recommendations. and the question is when are those recommendations ever going to see the light of day in congress. he has an american jobs act he put out. it hasn't gone anywhere in the republican house. i think those are some of the proposals that came out of the jobs council. but in terms of what mark said i think he's exactly right. the president does need to be

didobamacareraise the cost of health care inthecountry? no.i don't think it did. i think it was designed -- >> it's going to be a big entitlement. it's going to cost money to cover 40 million -- >> you're shifting tension from the private balance sheet to the public balance sheet. that's not a net increase in cost in any economic sense. >> but if you don't attribute any of the efficiency of our health care system to innovation from the profit incentive, is there any business that wouldn't be better if there wasn't a profit incentive, then? >> of course a profit incentive is important. but in health care, in fact, what the major any novations come out of the center for disease control, the national institutes of health. we have an enormous public sector contribution to this. >> right. but i think that -- >> to overlook that reality is really -- >> -- the basic science. but the application of the basic science comes from entrepreneurs and people that are in the business for profit. no? medical devices -- >> the health care system has got a profit making component. it's got a large

of the second inauguration ofbarackobamaonmonday morning starting at 11:00 eastern time. . they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back. the futures are indicated higher. in fact picked up quite a bit of steam. at this point the dow futures are up 52 points, let's get down to the new york stock exchange. jim cramer joins us now. we've had good economic numbers that came out that spurred things, but a lot of news on the big stocks, too. the financials are out this morning. why don't we start off talking a bit about boeing. we've had several analysts on this morning. the question is, what you do you do with the